Goodell will take $1 salary during impending lockout

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National Football League commissioner Roger Goodell will reduce his annual salary to $1 if the U.S. sports league suffers a work stoppage next season, the NFL Network said on Wednesday.

In a letter to the league’s 32 owners obtained by the NFL Network, Goodell also said Jeff Pash, the league’s chief negotiator with the NFL players’ union, also will reduce his annual pay to $1 if next season is not played. The NFL also would hold back bonuses for league officials until April.

In the fiscal year ended March 31, 2009, Goodell received a $2.9 million base salary and a total pay package, including bonuses and deferred compensation, of $9.76 million, according to Street & Smith’s SportsBusinessJournal.

Full story: NFL chief will take $1 salary if work stoppage: report